Sino-American biotech BeiGene (HKEX: 06160) has entered an agreement with Duality Biologic (DualityBio) to acquire an exclusive option for a global clinical and commercial license to an investigational, pre-clinical antibody-drug conjugate (ADC) therapy for patients with select solid tumors.
This adds to the ADC deal that China-based DualityBio signed with German biotech BioNTech (Nasdaq: BNTX), originator of the most successful COVID-19 vaccine Comirnaty, worth potentially more than $1.5 billion.
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